Prices have dropped for a second consecutive day, with 10 gm of gold now at Rs 100,250 following an announcement from US President Donald Trump. This slide is a direct response to Trump’s declaration on Truth Social that gold would not be subject to tariffs.
August 13, 2025: Gold price in India have dropped for the second day in a row. Ten grams of gold are now worth Rs 100,250, which is less than the Rs 101,360 they were valued on Monday.
The price went down when US President Donald Trump made a significant declaration on his social media site Truth Social. He claimed, “Gold will not be tariffed!”
Gold Rates Today In Key Cities:
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 93,090 | Rs 1,01,540 |
| Jaipur | Rs 93,090 | Rs 1,01,540 |
| Ahmedabad | Rs 93,800 | Rs 1,01,440 |
| Patna | Rs 92,990 | Rs 1,01,440 |
| Mumbai | Rs 92,990 | Rs 1,01,390 |
| Hyderabad | Rs 92,940 | Rs 1,01,390 |
| Chennai | Rs 92,940 | Rs 1,01,390 |
| Bengaluru | Rs 92,940 | Rs 1,01,390 |
| Kolkata | Rs 92,940 | Rs 1,01,390 |
Trump’s post was about a time when the market was uncertain because a letter from US customs officials said that some gold bars would be taxed. The first letter made the global bullion markets very unstable, which pushed futures prices to record highs.
The price of gold has gone down because Trump’s explanation has soothed investors’ worries. On the other side, the statement has also revealed how much international politics and trade policy can change the price of gold in India and around the world.